The approximate pricing is $25 for every 100 transactions which are charged every month. Receipt Bank is also a global company with a presence in the UK, Singapore, US, Hong Kong, Australia, etc to name a few.īoth Auto Entry and Receipt Bank have similar pricing levels and work on a usage basis. This technology is used to automate the collection of data extraction from invoices, receipts, and expenses and is adopted by one of the big four Accounting firms in 2012. Auto Entry currently has tens of thousands of customers worldwide.įounded in 2010 and based in London, UK it aims to provide cutting-edge technology to bookkeepers and accountants.
Auto Entry is also a global company with a presence in the UK, Singapore, US, Hong Kong, Australia, etc to name a few. How difficult is integration with Xero? This is relatively straightforward and can be easily set up with a few clicks.įounded in Dublin, Ireland back in 2016, like Receipt Bank, Auto Entry uses AI and OCR (optical character recognition) to process receipts and invoices. Once the coding has been completed, at a push of a button they are instantly posted into Xero along with the image of the original transaction.
#XERO APP FOR RECEIPTS SOFTWARE#
Once the documents are uploaded into the Auto Entry / Receipt Bank platform, you then code them up based on the accounting parameters required and if these are repeat transactions and they have been coded previously, the software will remember this and pre-populate the coding classification based on previous entries. Their solution allows you to input documents into your accounting system by simply sending an email of the receipt to a unique email address, taking a picture of the receipt via their mobile app, or scanning and uploading it to their website. Both companies effectively provide the same solution using OCR (Optical Character Recognition technology) and both are rated highly in Xero’s third-party application marketplace. They are called Auto Entry and Receipt Bank. When looking for a time-efficient solution to enter receipts and expenses two stand-out Xero third-party applications can help you get a handle on this.
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